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A second convicted Libor trader submitted his case to an independent U.K. criminal review body in a bid for an appeal after the panel accepted the case of Tom Hayes, who became the best known banker in the scandal.

Former Barclays traders convicted of rigging Libor are attacking the credibility of an expert witness for the prosecution who texted friends during breaks in his testimony for help to describe banking terms.

HSBC has settled claims by a group of U.S. bondholders that it conspired with rivals to rig the Libor benchmark interest rate, according to a New York court filing on Monday by the bondholders' attorneys.

Barclays sent shockwaves through the City when, in July 2012, it was fined nearly £300m by British and US regulators for its role in the Libor-rigging scandal. Days later, then chief executive Bob Diamond handed in his notice.

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A second convicted Libor trader submitted his case to an independent U.K. criminal review body in a bid for an appeal after the panel accepted the case of Tom Hayes, who became the best known banker in the scandal.

Former Barclays traders convicted of rigging Libor are attacking the credibility of an expert witness for the prosecution who texted friends during breaks in his testimony for help to describe banking terms.

A former trader at JPMorgan hatched a plan with a broker at ICAP to help Tom Hayes rig Libor by buttering up the bank’s new rate setter, according to recorded phone calls played to a London jury Thursday.

The Bank of England has found itself under the spotlight again over the fixing of a key interest rate during the credit crunch after new details emerged of bankers discussing Threadneedle Street’s alleged involvement in the setting of Libor.

JPMorgan and Deutsche Bank are banning the use of multi-dealer online chat rooms, sources familiar with the plans told Reuters, as banks crack down on inappropriate communications by staff following a string of scandals.

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A second convicted Libor trader submitted his case to an independent U.K. criminal review body in a bid for an appeal after the panel accepted the case of Tom Hayes, who became the best known banker in the scandal.